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The Crédit Communal de Belgique was created in 1860 on the initiative of Walthère Frère-Orban, taking advice from statesman Henri de Brouckère and financier Jonathan-Raphaël Bischoffsheim. [ 2 ] : 5 The aim was to grant credit to municipalities for their investments, for which the bank was established in the form of a cooperative, namely a ...
Construction of HLM is mainly financed by funds collected on Livret A, a type of savings account regulated by the Caisse des dépôts et consignations. [2] In 2011, the French people have placed 280 billion euros on this type of savings account. [3]
Historical simulation in finance's value at risk (VaR) analysis is a procedure for predicting the value at risk by 'simulating' or constructing the cumulative distribution function (CDF) of assets returns over time assuming that future returns will be directly sampled from past returns.
Belfius Bank and Insurance, known as Dexia Bank Belgium until 1 March 2012, [1] is a Belgian state-owned bank that emerged from the dismantling of the Dexia group which had been purchased by the Belgian government on 10 October 2011 for 4 billion euros.
Société Nationale de Crédit et d'Investissement (SNCI) is a public-law banking institution in Luxembourg City. According to its website, it is designed to encourage business investments, start-ups, and research initiatives. Founded in 1978, it is wholly owned by the State of Luxembourg.
As of 2013, the company offers everyday banking products (current accounts, loans, credit cards, etc.) through the network of 192 branches across Belgium.
Part of the Université libre de Bruxelles (ULB)'s Solbosch campus is also part of the City of Brussels, partially accounting for the bulge in the south-eastern end. The largest municipality in area and population is the City of Brussels, covering 32.6 km 2 (12.6 sq mi) and with 145,917 inhabitants; the least populous is Koekelberg with 18,541 ...
A credit limit is the maximum amount of credit that a financial institution or other lender extends to a debtor on a particular credit card or line of credit.Lenders generally set limits based on specific information about credit-seeking applicants, including income and employment status.